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Energy sales of electric cooperatives (ECs) nationwide rose by 12 percent in the second quarter of the year amid the coronavirus disease 2019 (COVID-19) pandemic, latest data from the National Electrification Administration (NEA) showed. The Second Quarter EC Statistical Report of the NEA Information Technology and Communication Services Department (ITCSD) revealed that the total energy […]
The National Electrification Administration (NEA) has enjoined anew all electric cooperatives (ECs) in the country to provide consumers a grace period and staggered payment for electricity bills falling due within the community quarantine period. NEA Administrator Edgardo Masongsong issued Memorandum No. 2020-047, endorsing the recent advisory of the Department of Energy (DOE) on providing a […]
The National Electrification Administration (NEA) exceeded its full-year target for lending to electric cooperatives (ECs) nationwide in just nine months of 2020. Loan disbursements, including calamity loans, to ECs between January to September this year totaled P364.542 million, data from the NEA Accounts Management and Guarantee Department (AMGD) showed. Excluding calamity loans, the NEA has […]
The National Electrification Administration (NEA) has started the virtual inspection for its off-grid rural electrification project in light of the coronavirus disease 2019 (COVID-19) pandemic. The NEA Total Electrification and Renewable Energy Development Department (TEREDD) together with the Iloilo III Electric Cooperative, Inc. (ILECO III) recently completed the conduct of virtual Factory Acceptance Test (FAT) […]
The National Electrification Administration (NEA) welcomes the resolution filed by the ‘power bloc’ of the House of Representatives that seeks to restore P9 billion in the agency’s proposed budget for fiscal year 2021. Power Bloc representatives filed on September 22 House Resolution No. 1245 urge the House Committee on Appropriations to restore the P9 billion […]
The National Electrification Administration (NEA) collected P773.91 million in loan amortization payments from the electric cooperatives (ECs) in the first six months of 2020. This translates to 95.90-percent collection efficiency, the NEA Finance Services Department said in a report submitted to Administrator Edgardo Masongsong. NEA offers various loan windows to qualified ECs, such as regular, […]
Electric cooperatives (ECs) registered a slight increase in energy sales of 3 percent during the first three months of 2020, latest data of the National Electrification Administration (NEA) showed. Data from the NEA Informational Technology and Communication Services Department (ITCSD) revealed that for the first quarter, total energy sales of the ECs increased to 5,338 […]
The National Electrification Administration (NEA) has donated 300 personal protective equipment (PPE) coveralls to support frontline health workers in their fight against the coronavirus disease 2019 (COVID-19) pandemic. The NEA through its Human Resources and Administration Department (HRAD) and the Samahan ng mga Kawaning Makareporma ng NEA (SAMAKAREN) turned over the PPE coveralls to three […]
The National Electrification Administration (NEA) and the electric cooperatives (ECs) managed to reach 209,700 new consumer connections in the first half of 2020, down 15-percent compared to the same period last year as a result of the coronavirus disease (COVID-19) crisis. Based on the figures submitted to the NEA Information Technology and Communication Services Department […]
Loans, including calamity loans, extended by the state-run National Electrification Administration (NEA) to electric cooperatives (ECs) reached P343.445 million in the seven-month period (January to July 2020). A big chunk of these loans, P240.365 million, went to fund the electrification projects and working capital requirements of nine ECs, data from the NEA Accounts Management […]